NOT LISTED FOR SALE

375 River St Belleville, WI 53508

6 Beds
3 Baths
2,150 Sq Ft
1.19 Acres

Last Sold December 01, 2021

Last sale price $1,560,000 $726 Per Sq Ft

Highlights

  • River Front
  • 1.19 Acre Lot
  • Dining Room
  • Belleville Elementary School Rated A-
  • Central Air
  • Family Room

About This Home

As of December 2021

A pair of well maintained 8 units in the heart of Belleville. Each building has 8 units that consists of (4) one bedrooms, (2) two bedrooms, & (2) three bedrooms. All units have 1 full bathroom. Updates include: brand new boilers, newer water heaters, newer water softeners, all common areas new, all unit entry doors, roof (#427, 2021), parking lot, landscaping, gutter guards, patios, & 7/16 units have been completely redone. The lower levels offer on-site, coin operated laundry w/ 2 washers & 2 dryers, secure storage units, locked mechanical room, & common area space. Building #375 has brand new work shop for on-site maintenance. This work shop could be converted into another rental unit. Waterfront units in walking distance to downtown, restaurants, coffee shops, & lake Belleville.

Last Agent to Sell the Property

Trent Estabrook

Pinnacle Real Estate Group LLC License #58196-94 Listed on: 09/14/2021

Last Buyer's Agent

Dan Breunig

Four Lake Real Estate, LLC License #58685-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,150

Year Built

  • Built in 1979

Lot Details

  • 1.19 Acre Lot
  • River Front

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Family Room
  • Dining Room
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Windows

Parking

  • 33 Open Parking Spaces
  • Outside Parking

Schools

  • Belleville Elementary And Middle School
  • Belleville High School

Utilities

  • Central Air
  • Radiant Heating System
  • Separate Meters
  • Individual Controls for Heating

Community Details

  • 16 Units
  • Laundry Facilities
  • Net Operating Income $100,974

Listing and Financial Details

  • Assessor Parcel Number 0508-342-9500-8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,150

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Municipality: Belleville
  • Status Detail: Sold
  • Mailing City: Belleville
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story
  • Items Excluded: Washer/ Dryer are owned by Coin Appliances, LLC- 414-353-2205. Tenants and owners personal property
  • Items Included: Kitchen appliances, window wall units.
  • Miscellaneous: Shared laundry
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Full size windows/Exposed, Walkout to yard, Poured concrete foundatn
  • Number Dish Washers: 16
  • Number Dryers: 4
  • Number Units W Ac: 16
  • Number Washers: 4
  • Number Water Softeners: 2

Exterior Features

  • Waterfront: Has actual water frontage, River
  • Waterfront: Yes
  • Exterior: Vinyl, Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 33

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 spaces, Outside
  • Utilities: Separate elec meters

Fee Information

  • Total Expenses: 49566

Schools

  • Elementary School: Belleville
  • High School: Belleville
  • Middle School: Belleville
  • School District: Belleville

Lot Info

  • Estimated Aces: 1.19
  • Zoning: Multi Fa
  • Geo Subdivision: WI

Rental Info

  • Total Income: 150540

Tax Info

  • Net Taxes: 21150
  • Tax Year: 2020
  • Assessor Parcel Number: 0508-342-9500-8

Multi Family

  • Number Of1 Bedrooms: 8
  • Number Of2 Bedrooms: 4
  • Number Of3 Bedrooms: 4
  • Number Of Units: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Dec 1, 2021
Sold by
Greatness Llc
Bought by
375 River Street Llc
Seller's Agent
Trent Estabrook
Pinnacle Real Estate Group LLC
Buyer's Agent
Dan Breunig
Four Lake Real Estate, LLC
List Price
$1,550,000
Sold Price
$1,560,000
Premium/Discount to List
$10,000
0.65%

Purchase Details

Closed on
Nov 30, 2020
Sold by
Olson Kenneth E and Olson Barbara D
Bought by
Greatness Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$968,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 14, 2020
Sold by
Olson Barbara D
Bought by
Olson Kenneth E and Olson Barbara D

Purchase Details

Closed on
Jun 22, 2019
Sold by
Wilkins Thomas I
Bought by
Wilkins Thomas I and Wilkins Trust

Purchase Details

Closed on
May 3, 2003
Sold by
Amcore Bank Na
Bought by
Wilkins Thomas I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
375 River Street Llc $1,560,000 None Available
Greatness Inc $990,000 None Available
Olson Kenneth E -- None Available
Olson Barbara D -- None Available
Wilkins Thomas I -- None Available
Wilkins Thomas I $342,200 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greatness Inc $968,000
Previous Owner Wilkins Thomas I $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2021 12/01/21 Sold $1,560,000 +0.6% $726 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $1,550,000 -- $721 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,128 $497,200 $108,500 $388,700
2023 $11,956 $497,200 $108,500 $388,700
2021 $11,544 $497,200 $108,500 $388,700
2020 $10,466 $497,200 $108,500 $388,700
2019 $11,616 $485,100 $75,800 $409,300
2018 $11,165 $485,100 $75,800 $409,300
2017 $11,523 $485,100 $75,800 $409,300
2016 $10,580 $485,100 $75,800 $409,300
2015 $10,238 $485,100 $75,800 $409,300
2014 -- $485,100 $75,800 $409,300
2013 $10,075 $485,100 $75,800 $409,300
Source: Public Records

Agents Affiliated with this Home

  • Trent Estabrook

    Seller's Agent in 2021

    Trent Estabrook

    Pinnacle Real Estate Group LLC

    (608) 213-4282

    2 in this area

    120 Total Sales

    Trent Estabrook
    Section Image

  • D

    Buyer's Agent in 2021

    Dan Breunig

    Four Lake Real Estate, LLC

    (608) 370-1154

    2 in this area

    79 Total Sales

    Dan Breunig
    Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1919820

South Central Wisconsin Multiple Listing Service

APN: 0508-342-9515-1

Wisconsin Dane County Belleville 53508

375 River St, Belleville, WI

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes